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james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the president laid out any deal has to have an increase in tax rates but he would not be specific suggesting there is flexibility. the top rate does nut have to be 39.6 back from clinton, but something to get a deal jump started. mitt romney was here for lunch the first meeting since after the election and it was awkward and the menu included turkey chili and a white house readout said they promised to "keep in touch" if the opportunity arises where their interests intersect, maybe another way of saying not so much. >>neil: turkey chili. >>guest: healthy. >>neil: it is. and you are healthy. they are not close to a deal? they aren't close to a deal? what is the deal? we don't know. when we get a deal, and they will, it will be because of something we don't see, n
james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the president laid out any deal has to have an increase in tax rates but he would not be specific suggesting there is flexibility. the top rate does nut have to be 39.6 back...
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Dec 2, 2012
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cliff talks. in two huge interviews on "fox news sunday" today. chris wallace sitting down for exclusive interview with republican house speaker john boehner. he also got the white house position from treasury secretary tim geithner. >> i would say we're nowhere, period. we're nowhere. we put a serious offer on the table to put the re-knews up there to get the question resolved and the white house responded with virtually nothing. they actually asked for more revenue than they have had for the entire time. >> you heard them for the first time in two decades, acknowledge they are willing to have revenues go up as the balance plan. that is to good first step but they have to tell us what they want to do on rates and re-knews. that is hard for republicans and we understand that. but there is no way without that. they have to tell us on the spending time what they want to do go beyond and what makes sense to them. >> jamie: joining me now the anchor of "fox news sunday," chris wallace. good morning. >
cliff talks. in two huge interviews on "fox news sunday" today. chris wallace sitting down for exclusive interview with republican house speaker john boehner. he also got the white house position from treasury secretary tim geithner. >> i would say we're nowhere, period. we're nowhere. we put a serious offer on the table to put the re-knews up there to get the question resolved and the white house responded with virtually nothing. they actually asked for more revenue than they...
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cliff talk. this is all thanks to obamacare? >> yeah, that's exactly right, megyn. there was a surtax in the health care law, supposedly to pay for medicare, but they raised it -- they raided the money out of medicare before it even arrived to pay for the new obamacare spending. it's 0.9% additional medicare tax on wages of high income earners, and it is 3.8% on all unearned income, so capital gains, dividends, rental income, interest, any other unearned income has this new 3.8% surtax, and that's on top of whatever might happen in these fiscal cliff talks. megyn: so that is happening. if you make $200,000 as an individual or 250 as a family, it's happening as of january 1. >> well, looks that way. my parsing of speaker boehner's offer in the fiscal cliff talks is that this is going to happen no matter what. they talked about holding the line -- megyn: no, wait, wait, wait, let me interrupt because i just don't want to confuse the two, because all the taxes are confusing. i'm saying this surtax,
cliff talk. this is all thanks to obamacare? >> yeah, that's exactly right, megyn. there was a surtax in the health care law, supposedly to pay for medicare, but they raised it -- they raided the money out of medicare before it even arrived to pay for the new obamacare spending. it's 0.9% additional medicare tax on wages of high income earners, and it is 3.8% on all unearned income, so capital gains, dividends, rental income, interest, any other unearned income has this new 3.8% surtax,...
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how can yiu have a serious discussion about the, quote, fiscal cliff, when the president is talking about spending more, particularly when you look at the information coming out on how they spent the solar money, it's a scandal, how many billions of dollars they misapplied to lost causes, and how many people got rich out of government guarantees promptly cashing out as soon as they got the money. i think congress ought to slow down, have a lot more hearings and a lot more markups, and produce a number of separate small bills, and then let the senate democrats do they really want to go into 2014 as the obstructioniness senate or take up positive legislation and get something done. >> greta: quote, we don't need a surrender caucus, a shot at the senate republicans that they were giving in. if they take your advice, they have three or four weeks left before they hit the so-called sequestration or fiscal cliff. are you suggesting we go over it? >> first of all, there's no sign that speaker boehner is backing down. what i said in general to both house and senate republicans, to some of the mem
how can yiu have a serious discussion about the, quote, fiscal cliff, when the president is talking about spending more, particularly when you look at the information coming out on how they spent the solar money, it's a scandal, how many billions of dollars they misapplied to lost causes, and how many people got rich out of government guarantees promptly cashing out as soon as they got the money. i think congress ought to slow down, have a lot more hearings and a lot more markups, and produce a...
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real estn the world, the fiscal cliff. ed henry tells us not everyone is pessimistic. >> reporter: literally snapping his fingers, vice president joe biden today suggested it will be easy to finish a deal with congress to avoid the fiscal cliff. >> it would take 15 minutes from the time the decision is made by the speaker of the house to pass and make permanent middle class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> greg: speaker bane -- >> reporter: speaker john boehner not so optimistic. >> this is not a progress report, there is no progression to report. report. >> reporter: he blasted for not offering a counterproposal to his plan and they seemed more than ever going to stop the tax increase. economy shrugged off hurricane sandy to create 146,000 new jobs, nearly double what forecasters had said, job creation for september and october was revised downward by a total of 49,000. another 350,000 people were
real estn the world, the fiscal cliff. ed henry tells us not everyone is pessimistic. >> reporter: literally snapping his fingers, vice president joe biden today suggested it will be easy to finish a deal with congress to avoid the fiscal cliff. >> it would take 15 minutes from the time the decision is made by the speaker of the house to pass and make permanent middle class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it...
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that is president obama's lead negotiator in the fiscal cliff talks. it's all happening tomorrow on fox news sunday. check your local listings for the time and channel in your area. >> rick: speak of the president, we could soon be learning who he wants to have serve in his administration in his second term. source telling fox news, a slate of nominations could be coming this month and that would likely include a replacement for the defense secretary, leon panetta, and if that does happen, it will come a little sooner than a lot of people had expected. the short list reportedly includes former republican senator chuck hagel, deputy defense secretary ashton carter, michelle floroni, a top official and democratic senator john kerry >> arthel: a reported murder-suicide rocking the nfl today. police say kansas city chiefs linebacker gentleman von belcher shot and killed his girlfriend this morning. he than drove to arrowhead stadium where he killed himself in front of his coach and general manager. elizabeth prann live from atlanta with more on this very s
that is president obama's lead negotiator in the fiscal cliff talks. it's all happening tomorrow on fox news sunday. check your local listings for the time and channel in your area. >> rick: speak of the president, we could soon be learning who he wants to have serve in his administration in his second term. source telling fox news, a slate of nominations could be coming this month and that would likely include a replacement for the defense secretary, leon panetta, and if that does...
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well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side of the story. you will hear from bain -- john bainner a few minutes. first my conversation with tim geithner about the lack of progress in steering away from the cliff. >> secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> i spoke with house speaker boehner before you came over here. he said when you presented your plan to him on thursday he said, "you can't be serious" and mitch mcconnell, the republican leader, said he burst into laughter. >> chris, they are in kind of a tough position now. it's obviously a little hard for them now and they are trying to figure out where they go next. we might need to give them a little bit of time to figure out where they go next. but what we did, we laid out a very detailed, carefully-designed set of spendi
well, we had quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side of the story. you will hear from bain -- john bainner a few minutes. first my conversation with tim geithner about the lack of progress in steering away from the cliff. >>...
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both parties taking to the airwaves this weekend, trying to blame each other over the fiscal cliff talk. this is all happening less than a month until accommodation of spending cuts and tax hikes kicks in. right now, it seems like both sides are moving further apart from the deal. here is house speaker john boehner and treasury secretary timothy geithner. >> we are flabbergasted. we have seven weeks between election day in the end of the year. three of those weeks have been wasted. >> we are not going to extend an extension of the tax rates. we think they need to go back to those levels. if you don't do that, you have to ask yourself, whose taxes are we going to raise? were we going to find the money bring a balanced plan in place? jenna: senator lindsey graham, a republican known for reaching across the aisle, not looking at this with a great deal of optimism. >> i think we're going over the fiscal cliff. it's pretty clear that they have made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more
both parties taking to the airwaves this weekend, trying to blame each other over the fiscal cliff talk. this is all happening less than a month until accommodation of spending cuts and tax hikes kicks in. right now, it seems like both sides are moving further apart from the deal. here is house speaker john boehner and treasury secretary timothy geithner. >> we are flabbergasted. we have seven weeks between election day in the end of the year. three of those weeks have been wasted....
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republicans and democrats are fighting about the fiscal cliff. we'll talk about today's developments, where we are, where we could be. the fox all-stars when we return. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> speaker boehner was at the white house for a christmas party. the two of you didn't speak. what is it going to take to get the two of you in a room to hash this out? >> speaker bane been a and i speak frequently. i don't -- speaker boehner and i speak frequently. the issue doesn't have to sit in a room. the issue that is relevant is
republicans and democrats are fighting about the fiscal cliff. we'll talk about today's developments, where we are, where we could be. the fox all-stars when we return. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find...
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cliff talks. all tomorrow on fox news sunday, check your local listings for the time and channel in your area. >> heather: wicked weather out west pounding parts of northern california for a second day in a row. the rain soaked area bracing for more stormy weather today. new warnings of potential mudslides and flash floods after yesterday's system washed out streets, brought down power lines, knocking out electricity to thousands. dominic is live for us with the latest. dominic? >> hi there. worst yet to come. this third storm coming through overnight tonight. no one really sure quite should have water it's going to drench the region with. we had two major storms come through that dumped so much, that we've seen flooding everywhere. first person reports coming in of probably being damaged, particularly down in fulsome where a park became flooded and the water gushed through people's homes. here is one of the residents affected by that. listen to what he saw. >> i don't have carpet. >> it clogged u
cliff talks. all tomorrow on fox news sunday, check your local listings for the time and channel in your area. >> heather: wicked weather out west pounding parts of northern california for a second day in a row. the rain soaked area bracing for more stormy weather today. new warnings of potential mudslides and flash floods after yesterday's system washed out streets, brought down power lines, knocking out electricity to thousands. dominic is live for us with the latest. dominic? >>...
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cliff talks, martha. martha: we'll see. the way they speak publicly there doesn't seem to be a lot of budging on either side. we know there were pretty high profile white house meetings, but those conversations, not happening publicly right now, but are they going on behind closed doors do we think? >> reporter: we know president obama and speaker john boehner had a phone conversation last night. a source familiar with the call said it lasted more than 15 minutes. that's critical because think deal will need to be carried by the two of them, bottom line democratic leaders here on the hill will go along with the president's plan, speaker boehner needs to be able to sell it in the house, martha. martha: there was a report that there was a curt, tense conversation. now we are learning that it went on as you said, mike for 15 minutes and the men had quite a bit to talk about. we'll see where it goes. thank you, mike. >> reporter: thank you, martha. bill: the state of arizona just announcing it will not create
cliff talks, martha. martha: we'll see. the way they speak publicly there doesn't seem to be a lot of budging on either side. we know there were pretty high profile white house meetings, but those conversations, not happening publicly right now, but are they going on behind closed doors do we think? >> reporter: we know president obama and speaker john boehner had a phone conversation last night. a source familiar with the call said it lasted more than 15 minutes. that's critical because...
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. >> four weeks and counting until we hit the fiscal cliff that everyone is talking about and in public the democrats and the republicans still say they are nowhere close to getting anything done. almost? the latest offer and rejections in washington and protests broke through the barbed wire at presidential palace in the country that is supposed to keep israel and the palestinians from going to war? an update ahead. we have just gotten remainly word of a possible short list of cabinet members for the president. who do you think for defense secretary? someone from the left or the right? the news that broke seconds ago may surprise you. that is ahead. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#:
. >> four weeks and counting until we hit the fiscal cliff that everyone is talking about and in public the democrats and the republicans still say they are nowhere close to getting anything done. almost? the latest offer and rejections in washington and protests broke through the barbed wire at presidential palace in the country that is supposed to keep israel and the palestinians from going to war? an update ahead. we have just gotten remainly word of a possible short list of cabinet...
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let's go behind the scenes of the talks to avoid the fiscal cliff. it seems the framework for a deal actually might be taking shape. if so, what will it look like? david drucker has been nosing around a little bit. the associate politics editor at "roll call." when you hear senators and speaker of the house come out and talk it doesn't sound like they're all that close, david. are you optimistic? >> well i'm sort of on the fence here, jon. whenever you hear members of congress talk about any kind of fiscal cliff deal you have to approach it with a sort of believe everything and believe nothing attitude. i think that everybody wants to avoid having taxes go up for all americans as of january 1st but everybody has a price for that. and it, to me, it's about whether or not both sides are looking for a win-win deal, meaning, my opponent wins and i win. or whether both sides or one of the sides are looking for a deal where only i win and you lose and on top of all of that then we have to look at what do they want to include in any sort of deal? are we goi
let's go behind the scenes of the talks to avoid the fiscal cliff. it seems the framework for a deal actually might be taking shape. if so, what will it look like? david drucker has been nosing around a little bit. the associate politics editor at "roll call." when you hear senators and speaker of the house come out and talk it doesn't sound like they're all that close, david. are you optimistic? >> well i'm sort of on the fence here, jon. whenever you hear members of congress...
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jon: all the nice talk about a compromise on the fiscal cliff gone now. the white house and congressional republicans seem to be digging in their heels, and americans are bracing for what could be some very real and very painful consequences. >>> one person in missouri not so worried about the fiscal cliff. he or she is ready for a huge payday. powerball officials there set to reveal one to have two winners of that jackpot topping half a billion dollars. we'll tell you who it is. >>> and this photo was just recently taken, but it's already iconic. a new york city cop buying boots for a homeless man on a bitterly cold night. you'll hear from the officer coming up. brand new stories and breaking news on this second hour of ow howe. "happening now." jenna: we're going straight to the president who's in pennsylvania. he's actually at a toy factory, that's what's behind him. in this factory th makes kinects brand toys, the president making this appearance to talk about a fiscal cliff as well. so we're going to listen in to what he has to say potentially about
jon: all the nice talk about a compromise on the fiscal cliff gone now. the white house and congressional republicans seem to be digging in their heels, and americans are bracing for what could be some very real and very painful consequences. >>> one person in missouri not so worried about the fiscal cliff. he or she is ready for a huge payday. powerball officials there set to reveal one to have two winners of that jackpot topping half a billion dollars. we'll tell you who it is....
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. >> we are also talking about as julia was commencing there the fiscal cliff now what washington the gridlock means i think it's most telling because what senator matt baucus from montana said we have 31 days left yet. we are not near a deal yet. we can't expect any sort of a deal with any weeks before christmas i would think. >> the big knock on the president through the this process has been a failure to lead. i think one that sticks rather well. because, instead of sitting down with john boehner. instead of trying to hash something out. he is out there again campaigning, gives speeches, instead of being the one that sits down and gets this deal down. here is the president on again what appears to be the campaign trail yesterday in pennsylvania. >> santa delivers everywhere, i have been keeping my own naughty and nice list for washington. >> [ laughter ] >> you should keep your eye hun gets some connects this year. some members of congress who get them and some who don't. i'm ready to sign it. there are no shortage of pens in the white house. and i carry one around for an emergency
. >> we are also talking about as julia was commencing there the fiscal cliff now what washington the gridlock means i think it's most telling because what senator matt baucus from montana said we have 31 days left yet. we are not near a deal yet. we can't expect any sort of a deal with any weeks before christmas i would think. >> the big knock on the president through the this process has been a failure to lead. i think one that sticks rather well. because, instead of sitting down...
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the fiscal cliff. yahoo and comcast among others. the groups say it's the way the president -- it's the president's way of rewarding his to donors for helping him get re-elected. >> it is a battle on capitol hill. we are four weeks away from going over that fiscal cliff. so far republicans are sticking to their guns. the white house is stepping up negotiations. tim geithner is set to meet top leaders to look closer at the numbers. mike em an mule has more from capitol hill. >> there's a great discussion about raising taxes. many talk about entitlement reform but with the nation's debt at 16 trillion and counting we asked lawmakers what they are willing to cut to get a deal. >> republicans offered a plan to avoid the fiscal cliff through significant spending cuts. >> we put revenue on the table as long as it's accompanied serious spending cuts to avert the crisis. >> the bipartisan bowl deficit plan had savings worth pursuing. >> they identified $1.1 trillion tax expenditures, benefits, deductions, cred
the fiscal cliff. yahoo and comcast among others. the groups say it's the way the president -- it's the president's way of rewarding his to donors for helping him get re-elected. >> it is a battle on capitol hill. we are four weeks away from going over that fiscal cliff. so far republicans are sticking to their guns. the white house is stepping up negotiations. tim geithner is set to meet top leaders to look closer at the numbers. mike em an mule has more from capitol hill. >>...
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the clock meanwhile keeps ticking an the point man the president's point man in fiscal cliff negotiations took to five sunday talk shows to make the administration's case. >>> we think that's a very good set of proposals that's what is good for the economy. if they have got different suggestions twhaent to go further in some areas they should lay it out to us. >> the president's plan called for $1.6 trillion in new taxes over the next decade mostly with the wealthy. those would be sure. less sure the promised spending cuts republicans say might never actually happen. the government takes more money through the tax hikes but spend more money. making the debt even higher. >> i am flabbergasted. i looked at him and said we can't be serious. we have put a serious offer on the table to put revenues up there to try to get the question resolved. the white house responded with virtually nothing. >> they have a plan republicans lack specific. one thing that appears to be a nonstarter is the white house proposal to give the president broad new authority to almost unilaterally raise the nation's deb
the clock meanwhile keeps ticking an the point man the president's point man in fiscal cliff negotiations took to five sunday talk shows to make the administration's case. >>> we think that's a very good set of proposals that's what is good for the economy. if they have got different suggestions twhaent to go further in some areas they should lay it out to us. >> the president's plan called for $1.6 trillion in new taxes over the next decade mostly with the wealthy. those would...
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let's talk about this, the end of this month, that's thinking fiscal cliff we've been talking about. and yesterday on the chat shows, it was very clear both sides are at logger heads. this on the news that at the conclusion of last week, the president's team unveiled something that was so, according to the republicans, unserious, it flabbergasted the speaker of the house, john boehner. though tim geithner went out yesterday and said, that plan that we're pushing? it's a good one. here he is. >> we think that's a very good set of proposals. we think that's what's good fort economy. if they've got different suggestions, they want to go further in some areas, they should lay it out to us. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. this offer doesn't remotely deal with entitlement reform in a we to save medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators that will destroy the economy and there are no spending controls. i'm serious about revenue. you can limit deductions to 40
let's talk about this, the end of this month, that's thinking fiscal cliff we've been talking about. and yesterday on the chat shows, it was very clear both sides are at logger heads. this on the news that at the conclusion of last week, the president's team unveiled something that was so, according to the republicans, unserious, it flabbergasted the speaker of the house, john boehner. though tim geithner went out yesterday and said, that plan that we're pushing? it's a good one. here he is....
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>> eric: if we go over the fiscal cliff, people getting hurt the most, paid the most are the wealthy. >> kimberly: look, we talk about the jobs -- look, you want class warfare. >> greg: why is it good to punish people -- >> bob: break after break after break for republicans from 1986 on. time to pony up. >> greg: why? they pay most of the taxes. >> bob: so what? you don't care they contribute. you want them punished. >> greg: you're obama's soul. >> bob: they don't pay percentage of taxes on the money they earn versus what -- >> greg: 40%. reduce the government for eight days. that is preposterous. >> eric: is earning money a bad thing? >> dana: not if you ask for campaign contributions. practical point, gite on the sunday show said all the democrats support this. that is not true. the key democrats, landrieu, begich and north carolina -- i can't remember her name -- they are on all on record saying i don't think i'm for this. he has even a harder time convincing those on the democratic side to go with his plan. >> greg: one day explain why are you punishing the rich when you know it
>> eric: if we go over the fiscal cliff, people getting hurt the most, paid the most are the wealthy. >> kimberly: look, we talk about the jobs -- look, you want class warfare. >> greg: why is it good to punish people -- >> bob: break after break after break for republicans from 1986 on. time to pony up. >> greg: why? they pay most of the taxes. >> bob: so what? you don't care they contribute. you want them punished. >> greg: you're obama's soul....
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we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the president and democrats didn't about the economy at all but rather about politics. >> i am not serious at all about entitlements. the president himself said that's where the money is. on social security he denied there is any effect on the deficit at all. durbin said social security hasn't added a dime to the deficit. in 2012 it added $160 billion of debt. that is more than a dime. there are 2.5 trillion in the trust fund in social security that will take care of it for 20 more years, 25 more years. that means pieces of paper in the trust fund where the treasury says we will pay you. it doesn't have the money. it spent surpluss in the past. that's a promise from the treasury which is pank ru bankrupt. that is infection but they know it. the republicans are bad guys these are good guys. surprising to me the president wokd get the revenues he wants from de deductions and exclusions. it is on rates not for economic
we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the president and democrats didn't about the economy at all but rather about politics. >> i am not serious at all about entitlements. the president himself said that's where the money is. on social security he denied there is any effect on the deficit at all. durbin said social security hasn't added a dime to the deficit. in 2012 it added $160...
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house of representatives speaker boehner says there is in progress in talks to avoid the fiscal cliff. four days after the g.o.p. laid out their proposal, speaker boehner said the white house has to have an offer. the deadline is now 25 days away. the president says there will not be progress until the republicans can agree the wealthiest americans must pay more taxes because it is going to hand. if it doesn't happen he will veto it. mike, the speaker boehner sounded, publicly, sounding frustrateing. >>reporter: he accused the president of slow walking the economy right to the edge of the fiscal cliff and says if the president got the tax increase he wants the country would be facing trillion dollar deficits. >> this isn't a progress report because there is in progress to report. when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another week. >>reporter: he calls officials saying they are ready to go over the trip. >>shepard: democrats insist that revenue, revenue, revenue is the key. >>guest: president obama campaigned on it and obviously w
house of representatives speaker boehner says there is in progress in talks to avoid the fiscal cliff. four days after the g.o.p. laid out their proposal, speaker boehner said the white house has to have an offer. the deadline is now 25 days away. the president says there will not be progress until the republicans can agree the wealthiest americans must pay more taxes because it is going to hand. if it doesn't happen he will veto it. mike, the speaker boehner sounded, publicly, sounding...
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. >> and talks over a fiscal cliff could be at an standstill. our political insiders are here to tell us about that. >>heather: battling obesity and what 10 college is doing to ensure the health of their students. [ male announcer ] more than a security system, adt can help you turn on a few lights. access cameras from anywhere to help you keep an eye on things. even bring family in from the cold when you're not there. now get the advanced technology of adt starting at just $99 and save $300. with adt, you get 24/7 fast response monitoring that helps protect you from burglary, fire, and high levels of carbon monoxide. plus remote access to your home. even control your thermostat to help save energy and money. get adt installed starting at just $99. that's a $300 savings. you may even save up to 20% on your homeowners insurance. for everything that matters most. adt. always there. >> announcer: 'tis the season of more-- more shopping, more dining out... and along with it, more identity theft. by the time this holiday season is over, an estimated
. >> and talks over a fiscal cliff could be at an standstill. our political insiders are here to tell us about that. >>heather: battling obesity and what 10 college is doing to ensure the health of their students. [ male announcer ] more than a security system, adt can help you turn on a few lights. access cameras from anywhere to help you keep an eye on things. even bring family in from the cold when you're not there. now get the advanced technology of adt starting at just $99 and...
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talking fiscal cliff we think. that's next. >> i --. >> [inaudible]. >> i did not understand his statement in the way you characterized it. i think the way i heard it and way i think it was not as a threat we'll go over if they don't, it was a prediction if there is no agreement, then, the fiscal cliff has to be dealt with. but i didn't see it as if they don't do this we do that. i saw it as a statement of fact. it is not a threat. it is a prediction. if there is no agreement, go over the cliff. let's hope we can have an agreement. jon: those remarks just into our fox newsroom from house minority leader nancy pelosi moments ago saying republicans are avoiding the conversation on the fiscal cliff. meantime we're awaiting new reaction from white house press secretary jay carney. there is a live look at the podium in the west wing. you can see it is empty right now. jay carney should be stepping up to the microphone momentarily and we expect the topic a is going to be the fiscal cliff and the white house position on i
talking fiscal cliff we think. that's next. >> i --. >> [inaudible]. >> i did not understand his statement in the way you characterized it. i think the way i heard it and way i think it was not as a threat we'll go over if they don't, it was a prediction if there is no agreement, then, the fiscal cliff has to be dealt with. but i didn't see it as if they don't do this we do that. i saw it as a statement of fact. it is not a threat. it is a prediction. if there is no agreement,...
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alaska democrat senator mark begich will join us to talk about the fiscal cliff and benghazi tragedy and whether he think thinks thinks that ambe would make a good secretary of state. we told you about order from jan brewer to prohibit illegal immigrants from getting a driver's license especially if they took part in president obama worker permit program to allow them to stay here and not be deported. the governor is being sued by immigrant right advocate. hot button issue. we ask you is the executive order reasonable or does it go too far? pete rice no, it doesn't go far enough. another viewer writes in and says this is prague that advertisem and integrity of law. there is a good argument for both sides. tweet us -- we will read more of your answers later in this show. ♪ ♪ >> shannon: northern california residents bracing for more flooding today as a third storm brings heavy rain to the area. northern bay area got more heavy rain last night. close to ten inchs. flash flood warnings are nefect. dominic di-natale is live with more. hello. >> reporter: hi, shannon. we have been hav
alaska democrat senator mark begich will join us to talk about the fiscal cliff and benghazi tragedy and whether he think thinks thinks that ambe would make a good secretary of state. we told you about order from jan brewer to prohibit illegal immigrants from getting a driver's license especially if they took part in president obama worker permit program to allow them to stay here and not be deported. the governor is being sued by immigrant right advocate. hot button issue. we ask you is the...
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we were talking about the so-called fiscal cliff, if that happens, automatically taxes are going to go up for everyone. maybe, then, someone would ask, who was it that said we shouldn't just pass the tax cuts to make certain that the working poor and the middle class get it, who stopped us and who pushed us over the cliff. it won't be the democratic minority in the house of representatives. >>eric: always good to talk to you congressman rangel. good to see you, sir. paying for complaining is the wrath a restaurant chain is facing for speaking out on the president's health care law going to hush others up? not if herman cain has his say. he is next. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ tdd#: 1-800-345-2550 at schwab, we're committed
we were talking about the so-called fiscal cliff, if that happens, automatically taxes are going to go up for everyone. maybe, then, someone would ask, who was it that said we shouldn't just pass the tax cuts to make certain that the working poor and the middle class get it, who stopped us and who pushed us over the cliff. it won't be the democratic minority in the house of representatives. >>eric: always good to talk to you congressman rangel. good to see you, sir. paying for complaining...
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we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like guessing it's like a cliff like a you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from ca
we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like guessing it's like a cliff like a you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the...
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we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like a mountain avalanche type of cliff. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, withcause c-max alsoted beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ so we created the extraordinarily comfortable sleep number experi
we'll talk with ann coulter as we track the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like a mountain avalanche type of cliff. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate....
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cliff hits january 1st, and everybody will lose the bush tax cuts. so that will be a tax increase. then they'll blame the republicans, so they want to use it to their advantage politically. and they get the defense cuts through sequestration that they so desire. isn't the real danger, the impact it has on the economy, throws us back into a recession by taking this money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans. republicans have been willing to negotiate. if he doesn't come forward and provide real leadership, we go off the cliff, the economic disaster that we're going to see is going to be squarely on the shoulders of
cliff hits january 1st, and everybody will lose the bush tax cuts. so that will be a tax increase. then they'll blame the republicans, so they want to use it to their advantage politically. and they get the defense cuts through sequestration that they so desire. isn't the real danger, the impact it has on the economy, throws us back into a recession by taking this money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the...
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so the fiscal cliff is looming. there are a the lo of people who say the republicans need to stand together and if the president isn't gog deal fairly and offer up some spending cuts and talk about entitlement reform, the republicans need to be willing to hole hands and jump off the fiscal cliff with the president. are you ready? >> we would prefer that didn't happen. there are a lot of bad outcomes. you got a lot of analysis that's been done, ernst says if we go over the fiscal cliff or raise taxes it will cost us over 700,000 jobs, reduce economic growth, lower take home pay, all those things. that's a bad scenario. the president has made it very clear, tim geithner, his treasury secretary said a couple days ago, absolutely we're ready to go over the cliff. republicans don't think that's the solution. but i do think that if he gets what he wants, he gets higher taxes, he gets defense cuts, if we go over the cliff. so i don't think there is a lot of incentive on the president's part right now to be at the table to
so the fiscal cliff is looming. there are a the lo of people who say the republicans need to stand together and if the president isn't gog deal fairly and offer up some spending cuts and talk about entitlement reform, the republicans need to be willing to hole hands and jump off the fiscal cliff with the president. are you ready? >> we would prefer that didn't happen. there are a lot of bad outcomes. you got a lot of analysis that's been done, ernst says if we go over the fiscal cliff or...
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defense and domestic cuts could be avoided if a grand bargain is struck to avoid the fiscal cliff. if not, it will get ugly, shep. >> shepard: yeah, it will. give us an idea what we are talking about in the way of cuts here if this happens. >> as you mentioned they are split between domestic and defense cuts. let's take a look at the domestic cuts. educational programs including special education will be cut by $2.3 billion medicare payments to hospitals cut by $5.6 billion. prescription drug benefits lose $591 million. on the defense side, across the board 9.4% cut regardless of the program's merit. defense department operations and maintenance loses $3.9 billion in 2013. air force and navy aircraft purchases get cut by more than $4.2 billion. that is why some are calling cutting with a machete instead of a scalp pull. shep? >> shepard: stocks closed higher after a choppy day of trading. dow industrial average eked out 4 point gain over uncertainty about fiscal cliff thing. weakest spending report since may. a lot of storm out of that. according to the commerce department, spendin
defense and domestic cuts could be avoided if a grand bargain is struck to avoid the fiscal cliff. if not, it will get ugly, shep. >> shepard: yeah, it will. give us an idea what we are talking about in the way of cuts here if this happens. >> as you mentioned they are split between domestic and defense cuts. let's take a look at the domestic cuts. educational programs including special education will be cut by $2.3 billion medicare payments to hospitals cut by $5.6 billion....
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lawmakers wrestling to make a deal to keep us from going over the so-called fiscal cliff taking to the airwaves. house speaker john boehner rejecting the proposal and calling talks a waste of time and treasury secretary timothy geithner standing firm saying there will be no deal without raising taxes for top earners. a new and unusual storm system bringing inches of rain and strong winds to northern california and parts of the pacific northwest. today's round predicted to be the worst of series that have come already, bringing flooding problems in several areas, but there is more rain to come. the taliban targeting a joint u.s.-afghan base killing at least five afghans. and the gun battled lasted two hours, no americans were hurt in the attack. new developments tonight for america's strongest ally and friend in the middle east, israel. it follows last week's decision by the united nations general assembly to upgrade the palestinian status from observer entity to non-member state, a move both israel and the u.s. voted against. today, israel announcing a decision of its own, the palestin
lawmakers wrestling to make a deal to keep us from going over the so-called fiscal cliff taking to the airwaves. house speaker john boehner rejecting the proposal and calling talks a waste of time and treasury secretary timothy geithner standing firm saying there will be no deal without raising taxes for top earners. a new and unusual storm system bringing inches of rain and strong winds to northern california and parts of the pacific northwest. today's round predicted to be the worst of series...
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to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for hotel rooms and other expen
to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a...
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. >>> ambassador john bolton will be here to talk about the growing crisis in syria a little later on. first, tonight treasure secretary geithner saying the obama administration is absolutely ready to go over the fiscal cliff. >> what we got today was a assemble nar on hoaseminar on h. >> the vast majority of the media is on his side. no matter what he says, no matter what he does, even though what he's doing is outrageous, but his own party won't support him. >> the republicans have conceded the language. >> we could probably solve this in about a week. it's not that tough. >> it was week. >> president obama has said that he has pen in hand and he's prepared to sign the middle income tax cuts. >> you have a president of the united states that has the mighty pen. you bailed out the banks. bail out the american people that don't have homes for the holidays. >> in his second term i hope he will offer fresh ideas and serious leadership. >> we need a response from the white house. >> i'm hea here to tell you that nobody wants to get this done more than me. >> it's true that president obam
. >>> ambassador john bolton will be here to talk about the growing crisis in syria a little later on. first, tonight treasure secretary geithner saying the obama administration is absolutely ready to go over the fiscal cliff. >> what we got today was a assemble nar on hoaseminar on h. >> the vast majority of the media is on his side. no matter what he says, no matter what he does, even though what he's doing is outrageous, but his own party won't support him. >> the...
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martha: all this talk about whether or not the rich are going to get taxed through the fiscal cliff, they're already getting taxed, right? through this. >> i think people forget there are lots of fiscal cliff taxes, but just what president obama wallets and, you know, forget about the fiscal cliff, what his mandate is, essentially, forces a lot of taxes, including income tax increases. if you look at obamacare, there's a surcharge on income. and, you know, it's pretty scary between that and the capital gains, we're talking about, you know, we're talking about hitting people with a huge tax bill. and we should point out that this is the alleged rich, the millionaires and billionaires who make $200,000 a year. martha: right, exactly. exactly right. [laughter] you know, if you live in a metropolitan area really anywhere across the country and you make $200,000 if you're an individual, $250,000 together if you're a couple and you have any investments, right? >> any investments, but also even if you don't have investments, i think there's a surcharge on income here, which, you know, aside
martha: all this talk about whether or not the rich are going to get taxed through the fiscal cliff, they're already getting taxed, right? through this. >> i think people forget there are lots of fiscal cliff taxes, but just what president obama wallets and, you know, forget about the fiscal cliff, what his mandate is, essentially, forces a lot of taxes, including income tax increases. if you look at obamacare, there's a surcharge on income. and, you know, it's pretty scary between that...
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some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discussion that look that's just happening in public. behind closed doors maybe they are gaining some ground, i have spoken to some top white house officials tonight some top republicans on the hill they say in private they are not making progress either, shep. >> shepard: republicans say they have offered some compromises. >> they have in the sense that speaker boehner with his policy late yesterday put $100 billion in new tax revenue on the table. that was a concession by him but not far enough as you noted for the white house because the white house w
some of their budgets could take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so...
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we are willing to go over the fiscal cliff. why? to square the members to call their members of congress. if you talk to business people and people in the banking industry they are not concerned about the fiscal cliff and i am not sure why. maybe they feel it is going to get done. this is very, very interesting. >> steve: i think there are people who are optmistic that something can happen in the long run. >> brian: we get past this hurdle and we might get on a roll. >> steve: john boehner said the republicans point of view. we don't have to raise rates on the top people. we can tighten things up and close the loop holes and deduction. actually that the president of the united states's point of view back last year . now he said it is all about tax rates. this is the president in a flash back. >> what we said give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates, but could simply be questioned by eliminating loop holes and deductions and engaging in a tax reform process that could have lower
we are willing to go over the fiscal cliff. why? to square the members to call their members of congress. if you talk to business people and people in the banking industry they are not concerned about the fiscal cliff and i am not sure why. maybe they feel it is going to get done. this is very, very interesting. >> steve: i think there are people who are optmistic that something can happen in the long run. >> brian: we get past this hurdle and we might get on a roll. >> steve:...
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the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must be conflicted today. >> brian: in what way? >> steve: we have coach k on and any time we have peitro, the super model who has been a friend of your manies, many years. >> brian: i am looking forward to nick rangon. >> gretchen: you will have to duke me out for it then. >> brian: you start with him in 10 minutes. >> gretchen: you want to trade coach for nick it will coach you. >> brian: and edrolins to be named later. >> gretchen: and i always like rolins. >> brian: pet up with us. she was a young super model. >> gretchen: does she know she was off y
the fiscal cliff. hear the new proposal from congressman paul ryan and senator mark rubio. >> steve: will he work with the liberal media. president obama extends extra special invites for sit down with liberal gabbers. >> brian: he is one of america's favorite coach. his career almost ended early and fans had no idea. the coach revealed something for the very first time. by the way. "fox and friends" starts now. ♪ ♪ "fox and friends". >> steve: you must...
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bill: hen we have the fiscal cliff. before we go over that cliff we'll pull you back later in the week. martha: there is a potentially dangerous situation taking shape on the west coast. no relief in site as a strong storm has pounded that region. tens of thousands of people are in the dark. we are in the fox extreme weather center with the latest on that pressing situation next. bill: a 95-year-old man left homeless by hurricane sandy but no more. this story will warm your heart just in time for the holiday season. >> he didn't know me from adam and look. see what he did? he's wonderful. [ female announcer ] the humana walmart-preferred rx plan p-d-p gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. so you can focus on what really matters. music: "make someone happy" music: "make someone happy" ♪it's so important to make meone happy.♪.♪it's so e ♪make just one heart to heart y
bill: hen we have the fiscal cliff. before we go over that cliff we'll pull you back later in the week. martha: there is a potentially dangerous situation taking shape on the west coast. no relief in site as a strong storm has pounded that region. tens of thousands of people are in the dark. we are in the fox extreme weather center with the latest on that pressing situation next. bill: a 95-year-old man left homeless by hurricane sandy but no more. this story will warm your heart just in time...
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(phone ringing) >> brian: fiscal cliff still in a stand off. back in a moment. [laughing] >> steve: that's right maxwell smart. kelley wright knows brian's phone number. >> gretchen: this has never happened before. four minutes into the show. kelley wright. >> steve: you know his number. >> gretchen: i don't know what to say, kelley >> chris: from the photocopy cliff to the fiscal cliff. >> one thing for sure you guys work together and averted the crisis of losing the phone and able to get it by cuts cutting it. you got a balanced approach. >> gretchen: kelley, that is brilliant. >> because the republicans have given a bold counter offer. come to me now, guys, we are okay. in a letter to president obama, the president writes that the american people expect the leaders to find common ground . with that they proposed a bold counter offer for averting the fiscal cliff. the republican plan seeks $800 billion through tax reform and mandatory spending cuts. the white house said that the republican proposal falls short of what the president wants and cannot be taken se
(phone ringing) >> brian: fiscal cliff still in a stand off. back in a moment. [laughing] >> steve: that's right maxwell smart. kelley wright knows brian's phone number. >> gretchen: this has never happened before. four minutes into the show. kelley wright. >> steve: you know his number. >> gretchen: i don't know what to say, kelley >> chris: from the photocopy cliff to the fiscal cliff. >> one thing for sure you guys work together and averted the...
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the clock is ticking we're weeks away from going over that fiscal cliff. who does the president blame? republicans. >> it's unacceptable for some republicans of congress to hold middle class tax cuts hostage simply because they refuse to let the tax rates go up on the wealthiest americans? >> where is the compromise this morning? we'll see if we can find it. >> and he gave the homeless man a fair boost on a freezing evening. now, the officers think the act of kindness keeps getting better and updates on that heart warming story. >> plus, 'tis the season to steal. thieves may be lurking around your doorstep, tips how to protect your presents straight ahead. i've been worried about that. >> alisyn: don't leave them on your doorstep for one. >> clayton: wrap them and leave them on your doorstep. "fox & friends" hour two starts right now. ♪ >> a lot of e-mails, pouring in about tipping. and holiday tipping. good morning, thank you for joining us. she says, lo, we compost, no good scraps and take the recycling to the recycling center, i feel like i should be
the clock is ticking we're weeks away from going over that fiscal cliff. who does the president blame? republicans. >> it's unacceptable for some republicans of congress to hold middle class tax cuts hostage simply because they refuse to let the tax rates go up on the wealthiest americans? >> where is the compromise this morning? we'll see if we can find it. >> and he gave the homeless man a fair boost on a freezing evening. now, the officers think the act of kindness keeps...